The Chief Executive Officer of the Minerals Income Investment Fund (MIIF), Mrs. Justina Nelson, has emphasised that Ghana and Zambia have a strong opportunity to collaborate to optimise their mineral resources for the benefit of present and future generations.

She stated that as two mineral-rich nations, Ghana and Zambia stand to gain significantly by learning from each other’s experiences, sharing technical expertise, and exploring co-investment opportunities across the mineral value chain.

Such collaboration, she said, will help reshape the narrative around Africa’s fledgling mining sector and position both countries as leaders in sustainable mineral development.

Mrs. Nelson made the remarks when MIIF hosted the High Commissioner of the Republic of Zambia to Ghana, Mr. Daniel Mahongo, and his delegation during a familiarisation visit aimed at strengthening bilateral cooperation within Africa’s mineral value chain.

Welcoming the delegation, Mrs. Nelson described the visit as a significant step toward deepening collaboration between the two countries, which she said remain committed to transforming natural resource wealth into sustainable, long-term prosperity.

She explained that MIIF, Ghana’s sovereign wealth fund for mineral revenues, continues to focus on maximising value from the country’s mineral portfolio—gold, lithium, manganese, diamonds and emerging critical minerals—through strategic investment, value addition, local content development and intergenerational wealth creation.

She highlighted Zambia’s strong leadership in copper and cobalt production and emphasised the mutual opportunities for learning, investment and partnership across both countries’ mineral ecosystems.

During the meeting, MIIF, through two detailed presentations, shared insights into its governance structure, investment philosophy and risk management frameworks. The Zambian delegation, in turn, outlined its priorities in export diversification, investment promotion and economic transformation.

Both sides identified key areas for collaboration, including joint investments, technical cooperation, beneficiation strategies and the development of Africa’s emerging 24-hour mining economy. As a result, MIIF proposed the establishment of a Joint Technical Working Group to advance the commitments.

Mrs. Nelson expressed appreciation for the productive engagement and said she was confident the visit marks the beginning of a strong and enduring partnership that will deliver measurable benefits to both countries.

Mr. Mahongo, for his part, expressed gratitude to MIIF for the warm reception and the opportunity to engage.

He reaffirmed Zambia’s commitment to leveraging its mineral wealth for development, industrialisation and diversification, and highlighted ongoing reforms in state participation, licensing, Artisanal Small-Scale Mining (ASM) formalisation and the introduction of innovative investment vehicles.

He also emphasised Zambia’s interest in learning from MIIF’s governance model and portfolio strategies to enhance responsible and sustainable mineral income management.

The High Commissioner further noted Zambia’s openness to regional cooperation through Memoranda of Understanding, joint initiatives and private-sector participation in downstream mining, processing and royalty-backed investments.

He said he was confident that stronger collaboration will support Zambia’s reform agenda, promote sustainable growth and help transform its mineral resources into long-term national prosperity.

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